The Pahranagat Valley Federal Credit Union (PVFCU) had its 59th Annual Meeting on Feb. 20. Two hundred and seventy-four residents gathered at PVHS to hear the progress of the credit union this past fiscal year.
Rapport served the residents food and then they were welcomed by Steve Roemer, the board president.
Last year’s minutes were read by Taunya Mortensen.
Steve Roemer, Denise Shumway, and Taunya Mortensen were re-elected to board position.
Joanne Hastings read the Audit Committee Report and Pauline Broadhead presented a clock to Teri Baker for her ten years of service.
Robin Simmers gave the treasurer’s report, with the credit union’s total assets coming in at $23 million, confirming that it is financially strong, with approximately 2,030 members.
The credit union’s involvement with the local schools includes donations for grade incentives and scholarships.
The credit union has been putting on its annual meeting with a dinner and prizes since its 50th meeting nine years ago. It used to be difficult to get members out to the annual meeting in order to be able to hold quorum, and a lot of phone calls were involved. Therefore, they wanted to celebrate in a big way on the 50th year and the dinner and prizes seemed to make the meeting a little more exciting while listening to the different reports.
The credit union pays different classes and clubs to help out during the meetings and all leftover food is delivered by employees to senior citizens and families in need in the community.
Robin Simmers explained, “The community helped build this credit union. It started out with a bunch of ranchers who pooled their money to help each other out with agricultural purposes for years and focused just on savings and loans. Incorporating food and fun in the meeting was another way to also give back to the community for all of their support, which is important to PVFCU.”